Thread: [Update] The News Corp scandal
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Old 02-02-2012, 12:47   #1303
Alan Fry
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Re: [Update] The News Corp scandal
Quote:
Originally Posted by BenMcr View Post
I may be misremembering here but I think the only reason they had to sell shares in ITV was because ITV has as PSB licence, so were too 'big' for Sky to have a controlling stake in alongside their own channels

Sky could have probably bought Channel 5 without issue, but then owning another channel wasn't the reason Sky bought shares in ITV in the first place
It was to stop VM form buying the company, even though if we did buy it we would then sell it after 5 years to sky anyway!
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